Commvault Systems, Inc.benefits
Commvault Systems, Inc. Cafeteria Plan · TINTON FALLS, NJ · plan year 2024
Broker compensation reported · 2024
$231,999
Commvault Systems, Inc.'s benefits plans covered 1,177 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $231,999 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $197 per covered person, above the median for employer plans that report broker pay. Broker pay rose 163% from $88,328 in 2023.
Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 371 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 2,623 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,183 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PApremiums n/a · 1,177 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,174 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$230,983 · incl $10,567 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223447504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.